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- LoopNet Team
346 Genesis Cir
Black Mountain, NC 28711
Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- 100% Occupancy
- Many improvements by owner including new windows, carpet, bathroom vanities, toilets, etc.
- East to rent fourplex
PROPERTY FACTS
| No. Units | 4 | Building Size | 3,088 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1984 |
| Building Class | C | Parking Ratio | 2.59/1,000 SF |
| Lot Size | 0.40 AC | ||
| Zoning | R-10 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 3,088 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1984 |
| Parking Ratio | 2.59/1,000 SF |
| Zoning | R-10 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Freezer
- Linen Closet
SITE AMENITIES
- Trash Pickup - Curbside
ABOUT 346 GENESIS CIR , BLACK MOUNTAIN, NC 28711
Multi-family investment opportunity! Very well maintained and easy-to-rent fourplex with 100% occupancy conveniently located in Black Mountain. Each unit has 2 beds, 1 bath, washer, dryer, and kitchen with electric range/oven and refrigerator. Owner has done many improvements including all new windows, outdoor carpet replacement, new AC (2 units), replaced bathroom vanities, toilets, kitchen counters, kitchen sinks, and carpet (in specific units - See attachments for which units received updates). Tenants pay all utilities. The trash is covered in annual property taxes, a portion of which go to the Town of Black Mountain for trash removal and road maintenance. Great location: only minutes to I-40, downtown Black Mountain, Lake Tomahawk Park, Black Mountain Golf Course, and Montreat College and Conference Center.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | $725.00 | 772 |
PROPERTY TAXES
| Parcel Number | 0710-20-6660-00000 | Improvements Assessment | $329,900 |
| Land Assessment | $59,100 | Total Assessment | $389,000 |
PROPERTY TAXES
